Press release

Model N Rainmaker19 Award Winners Maximize Revenue

Sponsored by Businesswire

, Inc. (NYSE: MODN), the leader in cloud revenue management
solutions, recognizes recipients of the Rainmaker Awards at its 15th
annual Rainmaker Conference in Miami Beach, Florida. Designed to honor
industry leaders for maximizing every revenue moment, the Rainmaker
Awards identify those who have shown exceptional innovation and
leadership within their field.

“The recipients of the Rainmaker19 awards are forward-thinking, global
organizations as well as innovators in revenue management and we are
thrilled to be working with them,” said Jason Blessing, CEO of Model N.
“Together with Model N these industry leaders have implemented
intelligent cloud solutions that help them maximize revenue and ensure
regulatory compliance without disrupting critical business operations.”

This year’s Rainmaker Awards recognize the following companies:

Diodes (NASDAQ: DIOD), a leading global manufacturer and supplier
of high-quality, application-specific standard products within the broad
discrete, logic, analog and mixed-signal semiconductor markets was
awarded the Greatest Business Transformation award. This award
recognizes the company’s success as it relates to revenue management
transformation. Leveraging Model N Revenue Cloud for High Tech, Diodes
was able to successfully unify its business with recently acquired
Pericom. Together, they transformed how they work with their channels,
integrating Channel Data Management and driving significant growth and
margin improvement for the company.

AMD (NASDAQ: AMD) drives innovation in high-performance
computing, graphics and visualization technologies. AMD was awarded the
High Tech Industry Leader award. To support recent growth, AMD revamped
its entire sales enablement and sales operations infrastructure. Using
Model N Revenue Cloud for High Tech, AMD was able to provide end-to-end
integrated pricing and revenue management capabilities which makes it
easier for them to manage and capitalize on their high growth.

EMD Serono (DAX: MRK) is the US and Canadian pharmaceutical
business of Merck KGaA, Darmstadt, Germany. EMD pushes the boundaries of
technologies and was awarded the Most Innovative Company award. This
year, EMD partnered with Model N as an initial adopter of the SaaS
automated testing suite. Also, in collaboration with Model N, EMD is
developing cutting-edge robotic process automation technologies. These
new cutting-edge technologies are designed to eliminate manual tasks
with automated process flows while reducing overall costs.

Novo Nordisk (NASDAQ: NVO) is a global healthcare company that’s
been making innovative medicines to help people with diabetes lead
longer, healthier lives for 95 years and was also awarded the Most
Innovative Company award. This legacy enables them to help people defeat
obesity, hemophilia, growth disorders and other serious chronic
diseases. Model N and Novo have enjoyed a 14-year partnership built on
mutual trust and passion for innovation. Novo Nordisk is a true global
company that employs approximately 43,200 people in 80 countries, and
markets its products in more than 170 countries. As one of the first
customers to deploy the Model N Medicaid solution, Novo is always on the
cutting edge of innovation and adopting new approaches to solving
business problems.

Johnson & Johnson (NYSE: JNJ) believes good health is the
foundation of vibrant lives, thriving communities and forward progress.
Johnson & Johnson was awarded the Life Sciences Industry Leader award
for its application of technology and approach to revenue management.
Two years ago, Johnson & Johnson set out to modernize and upgrade the
platform for their immense pharmaceuticals business. Using Model N
software, Johnson & Johnson broke new ground around performance and
scalability while delivering on many new features for their med tech
business units. What’s more, these upgrades were made with virtually no
disruption to the business. In the end, Johnson & Johnson achieved their
vision of unified business processes across the business with greater
integration, visibility and control.

Bringing together Model N’s customers, partners, industry experts,
thought leaders and employees, Rainmaker19 was focused on maximizing
every revenue moment. Attendees gained valuable insights into how to
maximize revenue at speed and scale across billions of revenue execution
moments in their business. For more information on Rainmaker, please

About Model N: Model N (NYSE: MODN) is the leader in revenue
management solutions. Driving mission-critical business processes such
as configure, price and quote (CPQ), contract and rebate management,
business intelligence, and regulatory compliance, Model N solutions
transform the revenue lifecycle from a series of disjointed operations
into a strategic end-to-end process. With deep industry expertise, Model
N supports the complex business needs of the world’s leading brands in
pharmaceutical, medical device, high-tech manufacturing, and
semiconductor across more than 100 countries, including Johnson &
Johnson, AstraZeneca, Novartis, Microchip Technology and ON
Semiconductor. For more information, visit
Model N® is the registered trademark of Model N, Inc. Any other company
names mentioned are the property of their respective owners and are
mentioned for identification purposes only.